$568,000
4 Bed Waterfront Home for Sale in Matlacha
4760 Pine Island Road, Matlacha, FL, 33993
About this home
**ACCEPTING BACK-UP OFFERS**Here is your chance to own a slice of waterfront paradise in the historic area of Matlacha! This property consists of two cottages, "Pink" and "Green" and they each offer two units within each cottage making the opportunities endless!! You could live and work out of one cottage and rent out the other cottage as one or two units. Zoned C1 so smaller scale commercial uses may also be an option. Both cottages have been completely remodeled with no detail spared and are immaculate. Both cottages offer a full kitchen, two bathrooms, impact resistant doors, impact resistant windows, luxury laminate flooring throughout, washer & dryer and their own patio. Carport has two separate storage closets. From your own back yard you can fish, kayak, boat the amazing bay areas to some of the most sought after islands, catch breathtaking sunrises and sunsets, endless wildlife watching and so much more. All of this and you are located in the heart of Matlacha where you can walk to small retail shops and top rated restaurants.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1950
- Interior
- 1,284 sqft
- Lot size
- 5,837.04 sqft
- Acreage
- 0.13 acres
- Garage
- None
- Days on market
- 410
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,952/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 2480 Bayshore Drive | May 2026 | $570,000 | 3/2 | 1,383 | $412 |
| Average | 1 comps | $570,000 | $412 |
Market trends, Matlacha
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $345,000 (41.8%) from the original list price.
| Aug 17, 2026 | Sold | $480,000 |
| Dec 16, 2025 | Price reducedfrom $599,900 | $568,000 |
| Mar 22, 2025 | Listed | $825,000 |
The good, the trade-offs & the location
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- Built 1950 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.